VOL. XLI
No. 49
7-December-1998
OPEC
OPEC Basket Falls $1.24/B In November To Average $11.17/B
The spot price for the OPEC basket of seven crudes fell by $1.24/B inNovember to average $11.17/B for the month, compared to the revised average of $12.41/Bfor October, according to figures released by the OPEC Secretariat. The November averageis $7.51/B below the 1997 average of $18.68/B. The weekly basket averages for Novemberwere: first week, $11.98/B; second week, $11.35/B; third week, $10.74/B;...
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